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Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...
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their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …
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recipients if governance is measured by the World Bank?s CPIA. If the CPIA is replaced by the Kaufmann index, however, the policy …
Persistent link: https://www.econbiz.de/10008520187
Nach dem sogenannten PISA-Schock wird insbesondere in Deutschland intensiv diskutiert, wie die Qualität der schulische Ausbildung verbessert werden kann. Dabei herrscht die Überzeugung vor, dass die Qualität der schulischen Ausbildung eine wichtige Determinante des langfristigen...
Persistent link: https://www.econbiz.de/10008582248
Humankapital gilt gemeinhin als eine wesentliche Determinante von Wachstum und Entwicklung. Der empirischen Forschung fällt es derzeit allerdings nicht leicht, die quantitative Relevanz des Humankapitals für den gesamtwirtschaftlichen Entwicklungsprozess zu bestimmen. Neuere Studien bieten ein...
Persistent link: https://www.econbiz.de/10008562155
Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...
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